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Markets and Cryptos

Markets:

April 23, 2025

ASX futures up 103 points/1.3% to 7939
AUD -0.7% at US63.68¢
BTC +4.5% to $US91,358
Dow +2.7%
S&P +2.1%
NAS +2.5%
Gold -1.5% to $US3371.27 an ounce
Oil +1.5% at $US67.22 a barrel
Iron ore -0.7% at $US98.65 a ton

Cryptos Today:

Bitcoin $91,075.31 USD +4.29%
ETH $1,695.23 USD +7.53%
Tether $1.00 USD -0.02%
XRP $2.16 USD +3.57%
BNB $607.70 USD +1.95%
Solana $144.34 USD +5.47%
USD Coin $0.9994 USD -0.08%
Dogecoin $0.1728 USD +9.13%

 

 

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News

Bitcoin Games via Bitcoin.com

 

Cryptocurrency, Fintech, Biz, Metals, Comms and News

Cryptos Today:

BTC-USD. 85279.47. ( +2.25% )
AAPL. 198.15. ( +4.06% )
XRP-USD. 2.16. ( +6.66% )
ETH-USD. 1643.50. ( +4.87% )
SOL-USD. 132.26. ( +8.83% )

News

Crypto and gold are both alternative assets, but they differ significantly:

Crypto (e.g., Bitcoin, Ethereum):
Pros: Decentralized, high growth potential (Bitcoin up ~100% in past year as of Apr 2025), borderless transactions, tech-driven (blockchain). Some coins like Bitcoin have capped supply, mimicking scarcity.

Cons: Volatile (prices can swing 10-20% daily), regulatory uncertainty, energy-intensive (Bitcoin mining uses ~150 TWh annually), no physical backing, vulnerable to hacks/theft.

Use case: Speculative investment, digital payments, store of value for some.

Gold:
Pros: Stable (less volatility, ~10-15% annual return long-term), tangible, universal acceptance, inflation hedge (retains value over centuries), no counterparty risk.

Cons: Low growth (underperforms stocks/crypto in bull markets), storage costs, no yield (doesn’t generate income), less liquid for small transactions.

Use case: Safe-haven asset, portfolio diversification, jewelry/industrial demand.

Data point: As of Apr 2025, Bitcoin’s market cap ($1.5T) is ~10% of gold’s ($15T). Gold’s price is ~$2,600/oz, up 30% in 2 years; Bitcoin’s ~$75,000, up 150% in same period.

Verdict: Crypto offers higher reward/risk, suits tech-savvy speculators. Gold’s for stability, long-term wealth preservation. Mix depends on risk tolerance—younger investors lean crypto, conservatives prefer gold. (Grok)

News

China Raises Tariffs on U.S. Goods to 125% Amid Trade War

China has announced an increase in tariffs on all U.S. imports from 84% to 125%, effective April 12. This move is seen as a retaliation to the United States' earlier imposition of a 145% tariff on Chinese goods. The escalation marks a significant development in the ongoing trade war between the two nations, with potential implications for global trade dynamics and economic relations. (Grok)

News

ChatGPT Enhances Memory with 'Moonshine' Feature

OpenAI has introduced an update to ChatGPT that enhances its memory capabilities, allowing the AI to reference all past conversations to provide more personalized responses. This feature, known as 'Moonshine', is rolling out to Plus and Pro users globally, except in the EEA, UK, Switzerland, Norway, Iceland, and Liechtenstein. Team, Enterprise, and Edu users will gain access in the coming weeks. Users have the option to opt out of this feature at any time through the settings, maintaining control over their data and privacy. (Grok)

News

Crypto helped by dollar weakness

April 11, 2025

Market Picture

Crypto market capitalisation remained at $2.59 trillion on Friday morning, in line with the previous day's values, despite a dip to $2.50 trillion overnight and a subsequent recovery on Friday morning. This contrasts with the slide in stock indices because a falling dollar supports cryptocurrencies. Like a rising tide, the dollar's decline is lifting other assets.

Sentiment in the crypto market has returned to the extreme fear zone, sending the index to the 25 level.
Bitcoin has been rising since early Friday, climbing above $81.4K, after closing just below $80K on Thursday. However, the first cryptocurrency has yet to confirm a growth reversal. The key area along the way is the $85K level, where the 50-day moving average passes. Its overcoming will be an important confirmation of the bullish sentiment, while fluctuations below it will remain market noise.

XRP and Tron found support this week on the decline to the 200-day moving averages. This small but encouraging signal suggests that market participants are still adhering to a ‘buy on dips’ strategy, believing in the continuation of the bullish trend.

News Background

• A combination of on-chain metrics and technical indicators point to the need for Bitcoin to return above $93K to regain upward momentum, Glassnode noted. The correction has intensified selling by medium-term holdings, but their activity is slowing.

• New Bitcoin sell-offs are possible in the coming weeks, but the bear market is likely to start in September, according to ‘il Capo of Crypto’. The analyst attributes this to the expected process of ‘global economic reset’, which may be accompanied by a major crisis - the first in BTC history.

• The US Senate has approved the nomination of Paul Atkins to the post of SEC chairman. He is expected to focus on developing permanent standards for the regulation of digital assets.

• The SEC authorised the listing and trading of options on spot Ethereum-ETFs from BlackRock, Bitwise and Grayscale. In September, the regulator already gave a similar authorisation for derivatives based on BTC-ETFs.

News

Top 10 Memecoins This Week

Here's a list of the top 10 memecoins trending this week, based on market performance, community engagement, and recent price action as of April 13, 2025. Note that memecoin rankings can shift rapidly due to volatility and hype, so always do your own research before investing:

Dogecoin (DOGE)
Still the king of memecoins, holding strong with a massive community and consistent market cap dominance. Recent price stability keeps it at the top.
Market Cap: ~$1.65T

Shiba Inu (SHIB)
A long-time favorite, SHIB has seen renewed interest with ecosystem updates like Shiba Name Service. Its 300% weekly rally earlier this year lingers in investor memory.
Market Cap: ~$15B

Pepe (PEPE)
The frog meme coin continues to thrive, driven by viral social media buzz and a loyal community. It’s a top pick for speculative traders.
Market Cap: High-ranking, exact figures fluctuate

Official Trump (TRUMP)
Launched in January 2025, this Solana-based coin tied to Donald Trump has exploded due to political hype and exchange listings.
Market Cap: ~$38B

Bonk (BONK)
Solana’s dog-themed memecoin remains a community darling, with integrations across DeFi and NFTs boosting its appeal. Up 2.01% this week.
Market Cap: ~$2.3B

Floki Inu (FLOKI)
Evolving from a meme to a Web3 project with NFT and DeFi utility, Floki stays relevant with strong marketing and Elon Musk ties.
Market Cap: Growing steadily

dogwifhat (WIF)
A Solana-based memecoin with quirky branding, WIF rides the wave of dog-themed coin popularity and DEX trading volume.
Market Cap: Competitive in top 10

Fartcoin (FARTCOIN)
A humorous Solana coin gaining traction for its absurd branding. Up 35% recently, showing the power of meme-driven pumps.
Market Cap: ~$475M at $0.4755

SPX6900 (SPX)
Ethereum-based coin with a “flip the stock market” slogan. Its 8000% surge late last year keeps it in the spotlight.
Market Cap: ~$860M

Pudgy Penguins (PENG)

A newer entrant leveraging NFT community hype, PENG combines cute branding with growing exchange availability.

Market Cap: Rising fast
Notes:

Rankings are based on recent data and sentiment from sources like CoinGecko, CoinMarketCap, and X posts, but exact positions vary by source. Memecoins are highly speculative, and prices can crash as fast as they pump.

I avoided obscure coins like $FRADWARD or $RETARDIA mentioned on X, as they lack verified traction and could be pump-and-dump schemes.

Always check real-time data on exchanges like Binance, Coinbase, or DEXs like PancakeSwap, as memecoin volatility is extreme.

News

Dogecoin wins Media Meme 'Memecoin Of The Month' award

News Flashback

AFP Press Release

March 20, 2025

Australian victims warned over rising cryptocurrency exchange impersonation scams

This is a joint media release between the Australian Federal Police, National Anti-Scam Centre, and Binance Australia

Editor's note: Scam text example image available via Hightail.

Authorities have hit send on a text and email blitz to warn Australian cryptocurrency customers about scammers impersonating a high-profile exchange.

The National Anti-Scam Centre (NASC), in partnership with the AFP-led Joint Policing Cybercrime Coordination Centre (JPC3), has today (20 March, 2025) reached out to more than 130 potential victims alerting them to the impersonation scam targeting the Binance cryptocurrency exchange.

They were identified through messages found on an end-to-end encryption platform.

In scams similar to what is seen in traditional finance, targets were allegedly contacted via SMS and encrypted messaging platforms by someone claiming to be a Binance representative who said their cryptocurrency accounts had been breached.

The messages allegedly contained fake verification codes and were often 'spoofed', meaning they appeared in a legitimate existing message thread from the well-known cryptocurrency exchange.

A support phone number was also sent, but when the targets called it, they were instructed to protect their accounts by transferring their cryptocurrency to a 'trust wallet', which was controlled by the scammer and allowed the assets to be stolen.

Under Operation Firestorm, a global operation launched in 2024 to address and disrupt offshore organised crime networks deceiving Australians through romance, cryptocurrency and investment scams, the JPC3 identified more than 130 Australian-based victims targeted by the crypto scam through collaboration with foreign law enforcement partners.

AFP Commander Cybercrime Operations Graeme Marshall said once the funds were transferred to an account controlled by scammers, they were generally quickly transferred through a network of wallets and money laundering accounts making seizure or recovery difficult.

"The AFP has worked closely with our partners at the NASC to ensure any victims in Australia targeted by these scammers were identified swiftly and given advice to help protect their cryptocurrency accounts," Commander Marshall said.

"Anyone who received an SMS or email warning from the NASC must take it very seriously.

"If you have already transferred your cryptocurrency to a so-called trust wallet, report it to your bank or digital currency exchange immediately, then to police via ReportCyber quoting the reference number AFP-068."

Australian Competition & Consumer Commission Deputy Chair Catriona Lowe said impersonation scams had become common, and it was vital that people verified all communications they received, even where they appeared to come from trusted organisations.

"Impersonation scams rely on people trusting that the text, email or phone call they get is legitimate and scammers go to significant lengths to create the appearance of legitimacy," Ms Lowe said.

"We urge all Australians to contact an organisation directly using official contact details from their website or app to verify any communication they receive."

Binance Chief Security Officer Jimmy Su said protecting their users was Binance's top priority, and education was key in the fight against scams.

"Scammers often impersonate trusted platforms — like Binance and others — by exploiting certain telecom loopholes to manipulate sender names and sender phone numbers to create urgency," Mr Su said.

"To stay safe, always verify communications using Binance Verify — our tool to confirm official Binance channels. Never share sensitive information like your seed phrase or transfer funds under pressure. If in doubt, stop and verify through official sources.

"Binance remains committed to working with law enforcement and the community to combat fraud and enhance user security."

Impersonation scams

An impersonation scam occurs when scammers pretend to be trusted businesses, government agencies, law enforcement, or even friends and family to steal money or personal information.

Warning signs

Unsolicited contact from someone claiming to be from Binance, a well-known cryptocurrency exchange, about an 'account breach'.

Pressure to act quickly due to suspicious activity or security concerns.

Being asked to provide sensitive information, such as your seed phrase or account balance.

Unusual requests to transfer money or make payments to a different account under the guise of securing your funds.

Insisting on secrecy and not discussing the matter with family or friends, claiming the situation is sensitive.

Protect yourself

If you receive a call, email or text claiming to be your Digital Currency Exchange (DCE) provider, use the official contact details on your provider's website to confirm the legitimacy of the request.

Don't click on any links or download attachments from unsolicited messages.

Be extremely wary of urgent requests asking you to act immediately.

Keep your devices secure by ensuring your software is always up to date.

Never provide your personal information, particularly your seed phrase.

What to do if you're a victim

Report it to police quoting the reference number AFP-068.

Report it to Scamwatch to help others avoid similar scams.

Stop all communication with the scammer.

Notify your DCE provider.

If you are concerned your identity has been compromised, contact the national identity and cyber support service, IDCARE.

Situations such as this can be upsetting. If you, or someone you know, needs help, we encourage you to contact Lifeline on 13 11 14 or Beyond Blue on 1300 224 636. They provide 24/7 support services.

About the JPC3
The JPC3 brings together Australian law enforcement and key industry and international partners to fight cybercrime and prevent harm and financial loss to the Australian community.

We are committed to equipping all Australians with the knowledge and resources to protect themselves against cybercrime.

Watch our cybercrime prevention videos and protect yourself from being a victim of cybercrime.

If there is an immediate threat to life, or risk of harm, call 000.

If you are a victim of cybercrime, report it to police using Report Cyber.

About the National Anti-Scam Centre (NASC)

The National Anti-Scam Centre (NASC) is run by the ACCC. The NASC promotes and participates in public and private sector collaboration to make Australia a harder target for scams.

The NASC runs the Scamwatch service (http://scamwatch.gov.au) which receives intelligence from the public and provides information about how to spot and avoid scams.

(Credit: Australian Federal Police)

News

Gold Price

Gold extended its rose above the $3,250 per ounce mark on Friday, a new record, lifted by a weaker US dollar and surging demand for safety following further escalation in the US-China trade war. China lifted its tariffs on the US to 125% as of April 12th and stated it will ignore further US responses after a series of increases in tariffs by the White House topped at 145%. The current measures are due to impact nearly $700 billion of goods exchanged between the world's largest economies every year, paring risk assets tied to global growth and supporting inflows into safety. On the monetary policy front, the Federal Reserve gave no indication that it will intervene in policy to cap the surge in long-dated yields, but further evidence of disinflation in the March CPI report supported the case for rate cuts this year, also supporting bullion assets.

News

Best Quotes Of The Day

"Blockchain is the tech. Bitcoin is merely the first mainstream manifestation of its potential." — Marc Kenigsberg

"Blockchain is the biggest opportunity set we can think of over the next decade or so." — Bob Greifeld

"Blockchain is the most disruptive technology I’ve seen in decades." — William Mougayar

"Blockchain will do for trusted transactions what the internet did for information." — Ginni Rometty

"Blockchain is the future of financial transactions." — Blythe Masters

"Blockchain technology is a way to truly democratize power and wealth." — Laura Shin

"Decentralization is the keyword for blockchain’s value proposition." — Vitalik Buterin

"The great thing about blockchain is that it has the potential to create new industries." — Patrick Byrne

"Blockchain’s transparency makes it the perfect tool for accountability." — Balaji Srinivasan

"Blockchain is the backbone of the internet of value." — Don Tapscott

News

Bitcoin Gaming: News

$GAMES Token Surge: The $GAMES token, touted as the first Bitcoin gaming token on http://Gate.io, spiked 35% as it entered price discovery. It's tied to the "Game of Bitcoin" project, stirring buzz around a potential recovery in crypto gaming markets.

Japanese Developer Enish's Bitcoin Move: Enish, a Japanese game developer, bought 100 million yen (~$670,000) worth of Bitcoin to deepen its blockchain gaming expertise. Their game "De Lithe Last Metsoires" already uses blockchain, aiming to enhance gameplay and business models.

Web3 Gaming Momentum: Projects like Big Time Studios and Star Atlas are gaining traction in Web3 gaming, focusing on player ownership and sustainable economies. Star Atlas emphasizes decentralized governance, letting players shape in-game policies, which could integrate Bitcoin or crypto rewards.

Bitcoin Casino Rankings: New 2025 rankings highlight Bitcoin casinos like Ignition, BitStarz, and mBit for no-KYC, fast payouts, and provably fair games. These platforms support Bitcoin alongside other cryptocurrencies, offering slots, poker, and live dealer options.

Play-to-Earn Growth: Play-to-earn (P2E) games like http://Casino.bet Wheel let players earn Bitcoin without deposits, blending simple gameplay with crypto rewards. These models are drawing attention for accessible crypto gaming.

News

ASX News

ASX Metals & Mining:

BHP Group Limited (ASX:BHP): Showed a decrease of 2.25%.
Fortescue Ltd (ASX:FMG): Currently has a positive percentage change.
Rio Tinto (ASX:RIO): Showed a decrease.
Northern Star Resources Limited (ASX:NST): Has a positive percentage change.

Industrial Metals:
Copper (Comex): Showed a positive change of +18.65.
3Mo Copper (LME): Showed a positive change of +166.50.
3Mo Aluminum (LME): Showed a positive change of +26.50.
3Mo Zinc (LME): Showed a positive change of +10.50.

Precious Metals:
Gold: Prices are fluctuating.
Silver: Prices are fluctuating.
Platinum: Prices are fluctuating.
Palladium: Prices are fluctuating

News

Gold: The price of gold is currently around $5,148.58 per ounce in Australian dollars.

Silver: The price of silver is around $51.52 per ounce in Australian dollars.

 

 

 

 

 

 

 

 

 

Cryptocurrency News via FxPro and Media Man

March 18, 2024

Crypto market deepens correction

Market picture

The crypto market lost 6% in 24 hours to $2.42 trillion. Solana reversed Tuesday's decline, losing 9% in 24 hours - the last of the major altcoins to fall into a correction.

Bitcoin is down 5% after falling to $64.4K. That's its lowest level in two weeks and 13.5% below its high. A close below $65.5K would signal a move to a deeper level – the classic 61.8% retracement of the rally with a potential target near $60K.

Solana had been above $210, reaching highs not seen since late 2021 before following the general corrective mood of the markets. A classic retracement pattern suggests a downside potential of $168. However, if this level is approached, one needs to look at bitcoin sentiment and global risk appetite to understand whether this support will be strong enough.

Ethereum is under selling pressure and has already pulled back to $3300, erasing all gains since early March. Having fallen below the 61.8% retracement of the rise from the January lows, ETHUSD can only hope for support in the form of the 50-day average ($3080) and $3000 (previous consolidation, plus the round level).

News background

According to CoinShares, crypto fund investments rose by a record $2.916B last week, surpassing the previous record set the week before ($2.685B) and continuing significant inflows for the seventh consecutive week. Bitcoin investments increased by $2.896B; Ethereum decreased by $14M, and Solana decreased by $2.7M. Investments in funds that allow shorting Bitcoin increased by $26M.

Bitcoin is in a bullish phase of a cycle like December 2020-January 2021. The current correction is "healthy" and removes some of the leverage in the system, said http://Crypto.com CEO Chris Marszalek.

Rekt Capital warned of a "danger zone" ahead of the upcoming halving in April. Historically, bitcoin has fallen weeks before the event. The depth of the correction was 20% in 2020 and 40% in 2016.

According to new data from Bitcointreasuries, 93.6% of total bitcoins (19,656,760 BTC) have already been mined as of mid-March 2024. Miners have only 1.34 million BTC left to mine, significantly limiting the future supply of the asset.

Ethereum issuance fell to its lowest level since August 2022 following the activation of the crucial Dencun update on 13 March, CryptoQuant noted. According to The Block, the ETH network has reached annual highs in the number of active and new addresses, daily transactions, and transaction volume.

The buzz around meme coins has boosted the token rate of the networks on which they are issued. The Solana (SOL) and Avalanche (AVAX) cryptocurrencies updated local highs. In pre-selling, users send network tokens to a wallet address in exchange for a corresponding number of coins when the meme token is launched. Solana has once again become the trendiest crypto asset among traders, with new Meme tokens appearing almost every minute, according to ContentFi Labs.

(Source: FxPro) with Media Man and Bitcoin News Media

 

 

 

 

 

 

Casino News - July 2023


Online Casino Gambling in NJ Nears $1 Billion in 2023

Online Casino Gambling in NJ Nears $1 Billion in 2023 (July 14, 2023)
Online casinos in New Jersey are way ahead of last year's record-setting pace with data released on Friday by the NJ Division of Gaming Enforcement showing the activity generated $149.3 million in revenue in June, an increase of 12.1 percent year-over-year for this month.

Online casinos netted more than $930 million in revenue, which represents a 12.1 percent year-over-year clip growth compared to 2022.

June’s numbers are coming in below May’s $161.4 million. Casino gambling to some extent will likely come down with fewer people betting sports during the last spring and summer months.

The DraftKings-owned Golden Nugget has reclaimed the top spot for all NJ online casinos, knocking off Borgata, which is part of the BetMGM group of casinos.

Golden Nugget took in over $41.7 million.

Half of the Recent 850 Referred Gambling Addicts at One Clinic Are Children (July 14, 2023)
More than 850 people have been referred to a clinic for video game addicts since it opened in 2020 and half of those were children, according to a report appearing in the Guardian on Friday.

The National Centre for Gaming Disorders (NCGD), a London clinic, was originally given NHS funding based on seeing just 50 people a year. That nunber, however, ballooned to 30 people a month since the end of March this year – more than seven times anticipated demand.

Loot boxes were among the chief culprits and accounted for about a quarter of those seeking treatment. These comprise of gambling-style features offering randomised rewards.

Almost 12% of patients who played video games compulsively referred to playing Fortnite, with 10% citing Minecraft, 8% mentioning Call of Duty and 4.7% using the gaming platform Roblox.

Of the 855 referrals, 408 were gamers, of whom 227 were under 18.

 

Maine's Head of Sports Betting Claims White Supremacist Sympathizing Tweets 'Meant to Be Humerous' (July 12, 2023)


Maine's top gambling law officer, Milt Champion, returns to work on Monday after serving a 40-hour suspension. He was also expected to undergo in-person state training on workplace harassment and social media policies.

This all stemmed from a series of tweets back in May deemed to contain racist and misogynistic subject matter.

"While the two tweets were intended to be humorous, I recognize they were anything but. They were a mistake and an error in judgment, and I apologize for my actions," Champion said in the release. "I thank the employees of the Unit for their hard work and commitment in my absence."

On May 6, Champion expressed frustration about being told “ladies” was an unprofessional term for females, and suggested “Bitches” would be more appropriate.

Sure that could be viewed by some perhaps as a bad attempt at humor.

But as Gambling911.com also noted at the time, Champion somehow felt compelled to defend a tweet by Brian Krassenstein describing the Patriot Front as a "hate group in the United States that espouses white nationalism and neo-fascist ideologies".

 

Kentucky Sports Betting to Go Live September 7 (July 10, 2023)

 


Steve Bittenbender breaks things down following today's meeting in Kentucky regarding the upcoming launch of regulated sports betting in the commonwealth.

"Monday was really just a checkpoint for Kentucky officials responsible for rolling out sports betting statewide. They still have 59 more days of work ahead of them and that's just to get brick/mortar sportsbooks up and running and 80 to get online apps live."

He had a few key takeaways:

1. Tracks and operators will be able to start applying for sports betting licenses in Kentucky as soon as tomorrow (July 11, 2023).

2. The Sept. 7 brick/mortar launch date appears to be universal, according to the KHRC, if the tracks are ready.

3. The KHRC also tells me that tracks could theoretically have one brick/mortar operator at their track and another at their HHR satellite parlor. Remains to be seen how many (if any) may take advantage of that.

As many as 27 licensees could have the ability to operate in Kentucky apparently. It's not likely we'll get anywhere close to that number.

Unibet Vows Fixes Following Gambling911 Scathing Reports (July 10, 2023)

Unibet appears to have finally recognized it can't keep allowing its website and retail sportsbook business in Pennsylvania to keep going down and making as if nothing is wrong.

The company advised its PA customers over the weekend that "site improvements are on the way".

It's about time.

Unibet has already switched over to proprietary software in neighboring New Jersey.


Our own Thomas Somach had highlighted how folks were unable to place bets with the Unibet mobile app over extended periods of time in the state. The walk-in book at The Downs at Mohegan Sun in the Lehigh Valley, which is run by Unibet, also was shuttered during this time.

The company appeared to be more concerned about customer cleanliness than they were about keeping their website and sportsbook operational.

Somach also reported on how the company’s facility at the Downs at Lehigh Valley had erected signs warning customers that if they don’t get the smell out, they can get the hell out.

Man Charged With Riding Motorcycle Through Vegas Casino (July 6, 2023)
A motorcyclist is facing numerous charges after doing wheelies along Las Vegas Boulevard and riding through a casino, and on stairs and escalators.

Las Vegas Metropolitan police posted the arrest on one of the department’s social media accounts. It said R.A.I.D. officers took the man they referred to as the “reckless rider” into custody.

The rider is yet to be identified. He was wearing a shirt that read “Till the (expletive) wheels fall off.”

“The rider thought he would never get caught,” the police post stated.

He is facing the following charges:

3 felony counts of driver disobeying police officer, endangering person or property

4 gross misdemeanor counts of disregard for the safety of person or property

4 misdemeanor counts of reckless driving

1 felony count of assault with a deadly weapon

1 felony count of child abuse and/or neglect

1 felony count of coercion with force or threat of force


Pro Sports Care More About Gambling Than Violence Against Women and Racism (July 6, 2023)

Deadspin's Carron J. Phillips writes that "if you’re talented or rich enough, it’s becoming clear what will and won’t be forgiven in sports."

Gambling on games or in team facilities will not.

"Greg Hardy got to play football again. Antonio Brown keeps hanging around. Donald Sterling and Robert Sarver made millions after selling their teams," Phillips writes.

He points out that the Titans Hassan Haskins was arrested last month for allegedly strangling his girlfriend.

"Society didn't blink," he writes.

Wouldn’t it be great if sports took racism and violence against women this seriously from the jump? Imagine where we would be if that happened.

But, for something like that to occur it would mean that society, let alone sports, would have to take a stand against both transgressions — and we know that’s a pipedream.

Now, it seems like the rest of the sports world is following the NFL’s lead — as it often does. And once you realize that the NFL is usually a mirror of society, it becomes quite clear why racism and violence against women are easily forgiven while “gambling” is a blasphemous offense.

Last week, the NFL suspended indefinitely more players for violating the league's gambling policy. They included Isaiah Rodgers, Rashod Berry, and Demetrius Taylor.

“The gambling policy, which is annually reviewed with all NFL personnel, including players, prohibits anyone in the NFL from engaging in any form of gambling in any club or league facility or venue, including the practice facility,” read the NFL’s statement after the latest round of suspensions.

Phillips does note that the New York Yankees suspended relief pitcher Jimmy Cordero on Wednesday for the rest of the season for violating Major League Baseball’s domestic violence policy.

ASA Bans Jake Paul Ladbrokes Tweet (July 5 2023)
The Advertising Standards Authority (ASA) has determined that a Ladbrokes tweet violated its terms and conditions.

They claim that boxer and YouTube influencer Jake Paul was featured in the tweet and that his appeal is too geared towards minors. It's not immediately clear now many of his more than 20 million subscribers are actually teenagers. Paul does appeal to adults as well, thanks in no small part to his boxing skills.

Of course the irony in all of this is that Jake Paul now has an ownership interest in a sportsbook, Betr.

The tweet in question appeared back in February.

"@TommyTNTFury beat @JakePaul by split decision last night. So, we've got to ask the question… What's next for Jake Paul? Vote here now."

At the bottom of the tweet, the gambling company also linked to a poll with the options: "Win the re-match", "Head to the MMA", "Return to YouTube" and "Join the WWE".

it's not immediately clear what fine, if any, will be imposed.

Churchill Downs Extends Baffert Ban Through 2024 (July 3, 2023)

Churchill Downs Inc. has decided to extend Bob Baffert's two-year suspension for at least another 18 months, per a release. That would keep the Hall of Fame trainer from running horses in next year's 150th running of the Kentucky Derby.

“Mr. Baffert continues to peddle a false narrative concerning the failed drug test of Medina Spirit at the 147th Kentucky Derby from which his horse was disqualified by the Kentucky Horse Racing Commission in accordance with Kentucky law and regulations," Churchill Downs said in a statement. "Prior to that race, Mr. Baffert signed an agreement with Churchill Downs which stated that he was responsible for understanding the rules of racing in Kentucky and that he would abide by them. The results of the tests clearly show that he did not comply, and his ongoing conduct reveals his continued disregard for the rules and regulations that ensure horse and jockey safety, as well as the integrity and fairness of the races conducted at our facilities.

"A trainer who is unwilling to accept responsibility for multiple drug test failures in our highest-profile races cannot be trusted to avoid future misconduct. Mr. Baffert will remain suspended from entering horses at all racetracks owned by CDI through 2024. After such time, we will re-evaluate his status.”

Ohio Will Reportedly Double its Tax Rate on Sports Betting (July 2, 2023)
Mobile gambling analyst Steve Brubaker tweeted this weekend:

"Lots of chatter about Ohio doubling the tax rate on the already nearly destitute OSBs. Boo hoo. Don’t forget that this same industry marched all over the country telling legislators that the hold was only 5% and to keep taxes and fees low. Hold rate is now 8% and climbing. 60% (up arrow)."

His tweet comes after that state's House and Senate reached an agreement on a budget for the state and that budget with the budget conference committee agreeing on a version doubling the current tax rate of 10% on sports betting to 20%.

Jessica Wellman had this to offer:


Alex Cane, CEO of Sports Trade responded:

"Horrible precedent. What other businesses in Ohio are taxed by revenue, much less *over 1,000% of revenue*?"

These costs will almost certainly be passed onto gamblers in the form of less competitive lines and bonus offerings.

 

West Virginia House Minority Whip Foresees Sports Betting Content Creator Oversight Bill Passing in Next Session (July 2, 2023)

 


West Virginia House minority whip Shawn Fluharty foresees the sports betting content creator oversight bill passing in the next session.

This is proposed regulation that applies to content creators in the industry. Such concerns were in the spotlight over the past week after it was revealed that an NBA insider, Shams Charania, forced a line change based on his wrongful information while employed by a sportsbook.

Maryland already requires disclosure and independent evaluation of influencers and media partners by its regulated sportsbooks.

Fluharty tells Legal Sports Report this is bigger than the Shams controversy.

“I’m not saying FanDuel had any unclean hands here. But if they wanted to, they certainly could. That’s because there is no regulatory boundary in place,” Fluharty told LSR on Monday. “… This is kind of the forecast of what’s next in the regulatory and legislative realm. And it shines a light on something we’ve been talking about for months. You just needed a clear example, and this is a clear example.

“I think really what the Shams thing did was it blurred the lines of influencer and reporter,” Fluharty said. “ … It used to be, in Las Vegas, the public drove the lines. Now, the sportsbooks are driving the lines 100%. They have the ability to do that now. Because they can influence the public using their own people.”

Casino Theft Cage Scheme Involves at Least 3 Properties, Mexican Phone Numbers (June 30, 2023)
A scheme to dupe casino employees into thinking they were transferring money from cages to a legitimate business involves at least three casinos and Mexican phone numbers, the 8 News Now Investigators have learned.

Documents the 8 News Now Investigators obtained Friday reveal the allegations involve thefts at Circa Hotel & Casino, Eureka Casino Resort in Mesquite and the Golden Nugget in Laughlin — as well as federal investigators, including the U.S. Secret Service.


SpankOdds Free Indefinitely (June 29, 2023)

 


SpankOdds to be Free for All Eternity - Well, at least indefinitely. At some point the nearly one-year-old line service is likely to begin charging, but its founder, Gadoon “Spanky” Kryollos, announced via Twitter there will be no charge entering this football season (2023) at least.


SpankOdds is one of the few line services incorporating US regulated books and those out of Vegas along side offshore mainstays.

The platform bills itself as "a real-time odds monitoring and injury alerting software that gives sports bettors an advantage".

CBS Sports: Isaiah Rodgers Among Those to be Suspended for Violating League Gambling Rules (June 29, 2023)
Colts veteran Isaiah Rodgers is one of several NFL players facing full-season 2023 suspensions as part of the league's latest investigation into gambling allegations, according to CBS Sports NFL insider Jonathan Jones - Read More
Kim Zolciak’s Estranged Husband Has His Own Issues Amid Controversial Claims (June 29, 2023)
Kroy Biermann claims he and Zolciak's financial debts are because of her gambling problem, but he has his own personal gambling bills to worry about. Zolciak appeared on The Real Housewives of Atlanta. Biermann, she claims, owes the Baha Mar Casino in the Bahamas $52K in unpaid gambling debts. The casino filed suit and the complaint has since been obtained by TMZ. According to the suit, Kroy obtained a $100,000 line of credit for use at Baha Mar Casino in advance of a November 2021 trip, and he ended up using $52,500 to gamble. The company in charge of handling Baha Mar Casino's credit line allege the reality TV star and NFL player drew $52,500 in chip markers at the casino and didn't repay the amount before leaving. Ugly divorce allegations continue. The couple's marriage fell apart after 13 years. Read More
More Gambling Suspensions Coming: Colts Isaiah Rodgers Among Them
(June 28, 2023) - Mike Florio of Pro Football Talk (an arm of NBC Sports) has been doing an admirable job of covering the hypocrisy surrounding the National Football League's gambling policy and its attempts to reign in players while reaping the rewards of US regulated sports betting partnerships.

ESPN warns of more suspensions coming by week's end. We don't know who or how many, though Indianapolis Colts' Isaiah Rodgers is being named in media reports.

The good news is that the league seems to be trying harder, when it comes to properly educating players. The bad news is that flaws seem to remain.

Florio writes:

And they surely will. As previously mentioned, it becomes difficult for the NFL to have true moral authority when it comes to properly enforcing “thou shalt nots” when the NFL is stuffing its pockets full of cash from those who shalt continue to lose it.

Only when the league creates a true firewall between football and wagering will the league truly be equipped to create safeguards that players can understand, honor, and accept — especially since the entire situation currently oozes with hypocrisy.

 

Current Hot Headlines

 


Report: Colts' Isaiah Rodgers Among NFL Players Facing Yearlong Gambling Suspensions
Charles Barkley on His Gambling: 'I Wanna Be Dead Broke When I Keel Over'
DraftKings Drops Bid for PointsBet
$35K Fine Imposed After Underage Gambling At Harrah's Casino
Philadelphia Man Sentenced in Stabbing Death of Girlfriend at Atlantic City Casino

 

Holy Smoke! Circa Casino Scammed Out of $1 Million


(June 27, 2023) - A popular Las Vegas casino has reportedly been scammed out of $1 million in what's being called a "fire extinguisher scam".

Say what?

Erik Gutierrez, 23, has been charged with theft of more than $100,000.

He is alleged to have contacted Circa’s casino cage claiming to be the owner of the property and said he needed $320,000 for an emergency payment to the fire department in order to check fire extinguishers and other gear.

Ultimately, a cage supervisor ended up allegedly handing over $1.17 million during off-site exchanges believing they were giving it to Circa’s owner.

While Las Vegas police have recovered $850,000, $314,000 remains missing.

The casino’s CEO Derek Stevens said, “Although I love a good PR story, this isn’t one of them. Circa Resort & Casino is cooperating with the Las Vegas Metropolitan Police Department in this investigation. We greatly appreciate their efforts to date and cannot comment further due to an ongoing investigation.”

Joe Theismann Backs NFL's Gambling Crackdown
(June 27, 2023) - "We can't have fans believing games are 'fixed'," said football legend Joe Theismann, noting that he supports the league's crackdown on sports betting.

The NFL policy reinforcements and "re-education" come in response to the sport-wide surge of athlete suspensions for violating gambling rules. Sports analysts like Mike Florio still point to the hypocrisy.

"It better work. I think the NFL, because of the stringent nature of these rules that have been put in place, realizes that you just don't want to let anything seep into the game to give people the perception that the games are fixed, they're really trying to make sure of that," Theismann said Thursday during an appearance on "Varney & Co".

"From an NFL player standpoint, you think of the millions of dollars that the players are making. If you wanted to go into a facility, I guess in the off-season, it might be okay. But I don't think they're going to say if you play in the NFL, you can't gamble. But they certainly want to protect the integrity of the game as much as they possibly can. And I can certainly understand it," he continued.

Current Hot Headlines

Could Sportsbooks Stop Taking Bets on Drafts After NBA Controversy in Light of Shams Scandal?
How Reporters Can Affect Betting Lines
Survey Confirms Worst Clichés About Lottery-Loving ‘Crypto Bros’
Bare-Knuckle Fighting, Disc Golf, Futsal, Snooker, and Water Polo Bets Among 17 New Sports Betting Markets Approved in Arkansas
New Jersey Senator Proposes Bill to Regulate Sports Betting and Casino Advertising
Marcin Horecki Denies Mike Matusow as he Captures Poland's First-Ever Live WSOP Bracelet
PrizePicks Sued


(June 25, 2023) - PrizePicks has fast become a behemoth on the Daily Fantasy Sports scene with its hybrid DFS product that comes the closest to sports betting without requiring a license in most US states.

 

Now that the company is so big, it's also a target for what some say are frivolous lawsuits.

Case in point, a lawsuit filed this week alleges PrizePicks stole technology to use on its prop product, an accusation the company denies.

“After years of trying unsuccessfully to get us to buy its technology and intellectual property, Vetnos has now apparently resorted to a frivolous lawsuit to change our minds. That is not a good business or legal strategy. We intend to aggressively defend against this lawsuit and point out its many errors and outright falsehoods,” said Jason Barclay, Chief Legal Officer and Head of Public Policy at PrizePicks.

 

 

 

 

Enemies With Benefits by VIOLENT IDOLS (2019 Official Music Video)

 

Violent Idols
@ViolentIdols

That would be totally epic. Sign us up!

@ViolentIdols Yeah. Hey, imagine a Violent Idols vs @fozzy & vs @Metallica at same venue! Could @mox & @IAmJericho & even @TripleH & @TonyKhan exist in the same room with you guys rockin & thrashin? Art could imitate life or visa versa. Heat & gig to remember! #violentidols #aew

 

 

Fozzy. Headed up by frontman Chris Jericho

 

 

Media Man Int
@mediamanint

@RealJakeHager
Perfectly well explained by MMA @BellatorMMA & @AEWrestling badass. Wouldn't want to argue with Jake. PS: Years ago I met a Jake near Pine Gap facility in Alice Springs at a Subway. Bloke looked massive and talked wrestling for a min..same Jake (Hager)? #mma #aew
Quote Tweet

Jake Hager @RealJakeHager

Say what you will about last night, but I call BS - guy would actually need a pair of balls for me to hurt ‘em. He was scared and didn’t want to fight. Honestly this is all just NUTS. @BellatorMMA

 

 

All Elite Wrestling's and the world's hottest wrestling faction: The Inner Circle

 

Jake Hager telling like it is.

 

The last recorded photo (as far as we know) of Chris Jericho side by side with Triple H

 

NXT top brass Triple H loves his metal and rock n roll. Especially Metallica. Pictured with Rick Rubin and Stephanie McMahon.
Photo credit: WWE

 

Media Man Notes

Jon Moxley Twitter is @JonMoxley

Fozzy Twitter is @fozzyrock

All Elite Wrestling can certainly rank at a major league pro wrestling company due to massive exposure, popularity, and backed by one of the most financially wealthy Family Dynasty's in the world: Enter Tony Khan

The Media Man agency (Media Man Int and Media Man Australia) has been pitching wrestling and rock story ideas to Rolling Stone This recent exchange with the bands and wrestlers / fighters can only help further the cause to see a modern day Rock N Roll / Metal - Pro wrestling / MMA type story in the one and only Rolling Stone magazine when the planets align. We reckon the wrestling and MMA promotions are up for it, as would be the world beater talent and bands concerned. Everyone is pretty pumped for it. Rock On!

 

News

American brands, advertising agencies, creative agencies, marketers collaborating and working with Media Man Agency - Media Man Int and Media Man Australia to grow brand, business in Australia, Asia Pacific

American sports, entertainment and pop culture we love; Media Man Int and Media Man Australia top picks

Battle for the sports entertainment dollar; Australian and international opportunities, threats and unknowns, by Greg Tingle

Music themed Facebook launched by Media Man Group; Inspired by Rolling Stone, MTV and Chris Jericho's 'Web Is Jericho'

Andy Warhol pop art still inspiring artists, creative media agencies, the world in artistic and commercial arts endeavors

Rolling Stone ramps up its coverage of WWE, sports entertainment, pro wrestling, UFC, MMA, extreme sports et al

Cyndi Lauper Dedicates Song To Wrestling Legends - September 2018

All Elite Wrestling poised to become game-changer - 26th January 2019

 

 

The Smashing Pumpkins. Photo: The Howard Stern Show. Wasn't part of this particular Twitter exchange, but we love any wrestling and music connection. Billy Corgan is the frontman of The Smashing Pumpkins (and the major financial backer of the National Wrestling Alliance)! Public thank you to The Howard Stern Show and goodwill from The Smashing Pumpkins.

 

 

Rolling Stone

 

Multimedia

Rolling Stone: The Covers 1972 - 2010

Rolling Stone magazine (The Covers) gets living statue and bodypaint by Human Statue Bodyart

MTV's The War To Settle The Score (Hulk Hogan VS "Rowdy" Roddy Piper)

Wrestling and Sports Music Videos